US HB2364 | 2017-2018 | 115th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Engrossed on July 25 2017 - 50% progression, died in committee
Action: 2017-07-25 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on July 25 2017 - 50% progression, died in committee
Action: 2017-07-25 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Investing in Main Street Act of 2017 (Sec. 2) This bill amends the Small Business Investment Act of 1958 to increase from 5% to 15% of its capital and surplus, the amount a national bank, a member bank of the Federal Reserve System, a nonmember insured bank (to the extent permitted under applicable state law), or a federal savings association may invest in one or more small business investment companies (SBICs), or in any entity established to invest solely in SBICs. The increase is subject to the approval of the appropriate federal banking agency.
Title
Investing in Main Street Act of 2017
Sponsors
Rep. Judy Chu [D-CA] | Rep. Grace Meng [D-NY] | Rep. Stephen Knight [R-CA] |
History
Date | Chamber | Action |
---|---|---|
2017-07-25 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
2017-07-24 | House | Motion to reconsider laid on the table Agreed to without objection. |
2017-07-24 | House | On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6181-6182) |
2017-07-24 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 2364. |
2017-07-24 | House | Considered under suspension of the rules. (consideration: CR H6181-6183) |
2017-07-24 | House | Mr. Chabot moved to suspend the rules and pass the bill. |
2017-07-12 | House | Placed on the Union Calendar, Calendar No. 152. |
2017-07-12 | House | Reported by the Committee on Small Business. H. Rept. 115-216. |
2017-06-15 | House | Ordered to be Reported. |
2017-06-15 | House | Committee Consideration and Mark-up Session Held. |
2017-05-04 | House | Referred to the House Committee on Small Business. |
2017-05-04 | House | Introduced in House |
Same As/Similar To
HB5515 (Related) 2018-08-13 - Became Public Law No: 115-232.
HB6147 (Related) 2018-09-07 - Message on Senate action sent to the House.
SB488 (Related) 2018-07-18 - Message on House action received in Senate and at desk: House amendments to Senate bill.
HR1019 (Similar To) 2018-07-24 - Motion to reconsider laid on the table Agreed to without objection.
HB6147 (Related) 2018-09-07 - Message on Senate action sent to the House.
SB488 (Related) 2018-07-18 - Message on House action received in Senate and at desk: House amendments to Senate bill.
HR1019 (Similar To) 2018-07-24 - Motion to reconsider laid on the table Agreed to without objection.
Subjects
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business investment and capital
Commerce
Small business
Banking and financial institutions regulation
Business investment and capital
Commerce
Small business